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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 15, 1980

Page

12

Ohio Lottery tied to Valentine number draws fall

Officials faced a potential loss exceeding a million dollars as 214 was feared to win the daily three digit game on Valentine’s Day. Instead 844 won, paying about $120 thousand, while bets reached 514 thousand dollars that day and the limit on 214 had been reached. In another case, Judge Wright refused to dismiss three counts in a $160 million Hustler libel suit against Larry Flynt, with trial to begin next week.

Cleveland Ohio Lottery Lottery Ed Ferrall Ohio Ferrall Guccione Ms. Keeton Wright New York

Pinto recalls and safety standards grip Ford Pinto trial

Former NHTSA director Douglas W. Tomes testifies Ford’s 1973 Pinto met federal standards and recalls in 1978 involved gas tank fixes. He notes no rear end crash standard before 1976 and argues manufacturers bear safety responsibility. Ford cites in house 20 mph standard and race driver Tom Sneva discusses fuel tank placement and bladders costs.

Winamae Ind UPI Douglas W. Toms National Highway Traffic Safety Administration Toms Ford Michael Cosentino Tom Sneva Sneva

Pressure grows for special prosecutor on Miller probe

A select group of House and Senate Judiciary members and the Senate Banking Committee chair urged Attorney General Civiletti to appoint a special prosecutor to probe Treasury Secretary G William Miller over possible criminal violations and perjury tied to his former company’s foreign payoff policy.

Washington UPI Congress Treasury G. William Miller House Senate Judiciary Committees Senate Banking Committee Benjamin Civiletti Miller Security and Exchange Commission Textron Inc William Proxmire D-Wis House Judiciary Committee Civiletti Federal Reserve Board Proxmire Textron Elizabeth Holtzman D-N.y Robert Drinan D-Mass John Conyers D-Mich Senate Judiciary Committee

Real estate veteran opens sole office in North Ridgeville

Clay Deeds, formerly with Key Realty, launches Solutions in Real Estate Co. at 8364 Avon Belden Road, North Ridgeville. The 10 year veteran operates as a buyer broker and plans an estate-building service while hoping to add staff. Then Textron Inc. faced a separate bribery probe as lawmakers pressed for a special prosecutor.

Clay Deeds Key Realty Solutions In Real Estate Co Avon Belden I Road North Ridgeville Deeds Dave Zapotosky Sika PanCan Petrol MF Inc PacSthn Mig Addison Wesley Q Ameritrust Co Baringer Boston Co Gali Cag Brunswek MnSmit Record Calery Pwr Engumng Wulf &Wstra el Paso Sph Maylag Ca Mie Tele Yne Inc Nehwest Energy Rockwell Sabin Co Southlan Cp Chemical NY Sunbeam Cp Toro Company Westburne Louisiana Land Fi Utah Milton Bradley Owens Sincis

Dollar and gold rise in world trade markets

London markets showed the dollar firming and gold climbing as trading stayed light ahead of weekend developments. Dealers cited Iran hostage talks easing dollar demand, with gold at 674.50 per ounce in London and Zurich. Currency readings varied across major European exchanges while Asian markets closed higher in yen terms. Ohio grain prices after-hours showed No 2 wheat at 4.09 to 4.10, corn around 2.42 to 2.45, and soybeans near 6.17 to 6.19 per bushel, with No 1 soybeans sharply lower.

NEW York Federal Reserve NYSE American Stock Exchange Market Value Exchange UPI Teoma Alpag Allis Chim Texaco Atria Upjohn Arinea Ann TetTel Warne Va Hendin Bebble Birks Ty Goda Colunent Lestler SmithCo Pierre R Col Guus ARMY Clues Service I Goodrich National Gypsum and Goodyear Chi Edison Grace W Parker Hamilid Great A&p Groyhnd Searlet Ui D Co Gul Smuocker A We Southern Co Bron Ey Aint Me ‘Aledy Fidison Union Publie Corp Intl Hary Woolworth Whyl Tat Lorain County Farm Bureau Cooperative Associ- McLaulh Vacation, Inc Natl Nalt Hat Owen CF Tio Panam Penney Penn Cole Ld Phila Veron Columbus (Ap PPG Indus Ohio USDA London U.S Barclay’s International Samuel Montagu Zurich Frankfurt Paris Brussels Amsterdam Milan Columbus Northeast Ohio Northwest Ohio

Chrysler may bypass U S aid as funds may not be needed

Transportation Secretary Neil Goldschmidt said Chrysler Corp. may require little of the $1.5 billion in federal loan guarantees approved last year. He noted private efforts could bail out Chrysler if market conditions hold, with the company needing about $2 billion first. He supported open auto plant expansion in the U S and cautioned against trade barriers while the administration seeks an industry study head.

Washington UPI Chrysler Corp Congress Transportation Neil Goldschmidt Goldschmidt Chrysler Lee A. Iacocca Tacocea Jacocea

Mortgage rates to soar to 18 to 22 percent warned

Cleveland economist Noel McBride of AmeriTrust warns that without tighter fiscal restraint, mortgage rates could jump to 18 to 22 percent if the administration pursues both higher spending and defense budgets. He warns of a temporary financial system seizure and a housing slowdown with rising bank strain and fewer new starts.

Cleveland Noel McBride McBride AmeriTrust Bank

Also Mentioned on This Page

Penthouse Hustler El-A-Co Electronics Inc Lake Ave Elyria Coram PH Mary Beth Franklin Citibank Iran Donald H. May United Auto Workers Douglas Fraser United States Hubbard C. Wilcox Gregory A. White Wilcox Clyde H. Haynes Asst St. Regis Paper Company Lorain County Bank Star Star Building Systems Star Builders, Inc
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